Of the virtual payments made through Sabre today, hotel bookings account for more than 95 percent, Fyfe said. Using a Conferma virtual card number for hotel bookings has been wholly automated in Sabre since Sabre introduced Virtual Payments for Hotel Settlement in 2011, both for agency and online booking tool reservations. Air bookings work differently because a card number is required to complete ticketing via the mid-office. As a result, bookers have had to create a virtual number via a Conferma Web tool, then copy and paste it into the Sabre reservation.
About Conferma Pay
Conferma Pay is a global financial technology company. We design and integrate virtual payment systems that provides a more efficient, seamless and secure way to pay for for businesses.
Travel Meets Payment
Conferma Pay was born in Manchester in 2005. Since then we have connected over 700 TMCs, and directly integrate with all the major GDSs and OBTs. Our roots lie in corporate travel payment integration.
We enable our payment providers to flow virtual cards into the preferred purchasing process of any business travel buyer. Crucial to this is our network of banking partners, who have issued virtual cards in over 200 countries, in 40 currencies with over 45 commercial banking partners via all major card networks.
Our ecosystem continues to expand to meet the growing requirements of our global customer base.